April 25, 2025By Brandon IveyProduction in First Quarter of 2025 Above 2024 LevelAn estimated $355.0 billion of mortgages were originated in the first quarter of 2025, up 10.9% from the same period a year ago.
April 25, 2025By Brandon IveyIncome Plummets at Rithm’s Mortgage Unit in First QuarterMuch of the swing was tied to a decline in the value of mortgage servicing rights.
April 25, 2025By Brandon IveyLosses Pile Up at PlainsCapital Bank’s PrimeLendingPrimeLending took an $8.3 million pre-tax loss in the first quarter of 2025.
April 25, 2025By Brandon IveyShort Takes: Sales of Existing Homes Slow / Profit on Sale of Warehouse Unit / New Type of Securitization From Figure
April 24, 2025By Brandon IveyShort Takes: Sales of New Homes Increase / No Questions for Mr. Cooper / Loss on Sale to A&D / Hsieh’s Monthly Expense Reimbursement